We simply provide merchants the API's to fund, manage and pay through the customer wallet that we host on your behalf.

Also, the wallet can only be used with your business only. So when a customer is putting funds in the wallet, those funds can only be used to pay towards your business.

Once a customer funds the wallet, an ACH transfer is initiated from customer's bank account into your bank account. This transfer can take 24-48 hours to complete. This is where DeepShield's fraud protection technology is really useful. DeepShield's fraud protection technology assesses the risk of fraud and makes a decision to make the funds available for payment based on your pre-selected risk profile. In high risk situations we might suggest waiting for the transfer to complete but the ultimate decision is yours.

When a customer is paying from the wallet, the payments are instantaneous. If your bank account is already holding the funds, because there was a prior fund transfer that was complete, there is no risk for the payment to complete.

If only partial funds are available in the bank account to cover a payment, DeepShield automatically start a ACH transfer and again assess the risk fraud. As described above, the payment will go through based on your pre-selected risk profile.

Features

CUSTOMERS PAY YOU FROM WALLET

OR BANK ACCOUNT

Customers pay you from their bank account through the wallet and we just maintain the ledger. This means the funds are directly transferred into your bank account without any intermediate account or escrow.

This model ensures the fastest availability of funds in your bank account. In most cases, funds are available within 24-48 hours of initiating the transfer.

YOU ARE IN CONTROL

The fraud policies enable us to provide you the tools to make a decision that fits your business the best. So suppose if there is moderate risk of fraud in the payment, you might decide to let the payment go through using our calculated risk taker policy.

Whether you are fraud tolerant, calculated risk taker or risk averse we got you covered

BUILT-IN REWARDS PROGRAM

Our integrated rewards program is completely automated and hassle free. When you decide to offer a rewards program, simply decide how many points you want to grant per dollar spent and we’ll manage the rest.

When your customers earn a reward, it can be redeemed with a single API call.